Gold steady above $1320

Gold spent Friday recovering from the sharp drop seen on Thursday, but it has managed to hold the $1320 area.

If it can push back above $1334, then another run at $1350 is possible. A move back below $1320 would be bearish in the short term and bring $1300 back into play.

WTI edges back from highs

While the WTI price has dropped back from the highs of Friday, the rally is still intact.

A close below $56.50 would bring $55.50 into play, while further gains target $59.41 once $57.85 has been cleared.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.